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US Places Trade Restrictions on Tencent-Backed AI Startup, Citing National Security Concerns
US Places Trade Restrictions on Tencent-Backed AI Startup, Citing National Security Concerns
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The US Department of Commerce has added Zhipu, a Tencent Holdings Ltd. backed AI startup, to its entity list, restricting US suppliers from selling to the company without a license. This move is part of a broader initiative by the outgoing Biden administration to prevent advanced chips, including AI accelerators, from reaching China. Zhipu is considered one of China's 'AI Tigers' and is seen as a leading contender in the race to create a competitor to OpenAI’s ChatGPT.
